对大生企业早期股份制的审视与析论

On Shares System of Dasheng Group In Its Early Years

在中国的早期现代化时期,资本的初始化经历了一个长期的过程,即使在今天,在相当程度上说,这一过程依然存在。于近代兴起的大生系企业主要是通过股票制度来将民间资金及少量官款转化为工业资本。在民国二年以前,苏北地区就已经创立了20多个大生系列的股份制企业,成为当时中国少有的普遍推行资本主义股份制度的地区。为了适应当时的社会实际,大生式股份制变通了欧美股份制度而采用了一系列独特的融资方式。大生集团为中国民营企业的资本积累和运作,提供了值得汲取的经验和教训。

In the period of China＇s early mordernization,the initiative of capital underwent a long process.Even today,to a great degree,this process still exists. Dasheng Industrial Group which rose in modern times converted social finance and government money into industrial capital mainly through shares systems.Before 1912,more than twenty enterprises belonging to Dasheng Group with joint-stock system were established in Northern Jiangsu,which was one of a few areas where the share holding system had been practiced within China at that time.Dasheng Group adopted a remodeled European stock system so that a Dasheng-style system with a number of special characteristics could survive and work on.Dasheng Group provided experiences and lessons for the privately-run enterprises in China in their operation and accumulation of capital.